Thursday, October 31, 2019

Outline some of the key legislative developments in criminal justice Essay

Outline some of the key legislative developments in criminal justice within the last two decades - Essay Example An oft-heard justification is that you cannot treat hardened criminals with kid gloves or you will be perpetrating crime even further. But this argument has no regard for the fact that even hardened criminals are covered by the human rights guarantees in the Constitution and in human rights conventions. Human rights are inalienable and imprescriptible, and they apply to everyone. On the other hand, the desire to preserve society and prevent crime is equally valid. It would seem that society has been ill-equipped to come up with answers and solutions to address it definitively (Norrie, 1996). It is imperative however to disabuse oneself of the simplistic approach that is often used when analyzing crime rates. Many are wont to believe that a rise in crime rates signifies a social problem, and a decrease is something to be lauded. In fact, a rise in recorded crime rates could actually mean better police efficiency, a willingness of the victims to come forward, and a desire by society as a whole to condemn criminals. The significance of making this initial assertion is explained by Matthews (1995) as follows: Making this point at the outset is important for two reasons: First it helps to free us from the disarming grip of pessimism that is often associated with the assertion that increases in crime and inevitable and undesirable. Second, it reminds us that crime is a social construct and is the outcome of a complex process of action and reaction. Crime is reducible neither to an act or to a biography. Rather it is a process that requires both an offender and a victim - direct or indirect - to interact within a milieu of formal and informal constraints. The parliament is vested with the power to create laws that have coercive effect. It is essentially in their province to come up with regulations to maintain order and peaceful conduct in the society, while ensuring that a human rights framework is always in place. Over the past two decades, there has been a steady stream of legislation, marking the evolution of Criminal Justice as it is known in the present time. Indeed, the constant changes in the Criminal Justice Act reflects the constantly changing public mindsets on crime and its concomitant issues. The Criminal Justice Act of 1991 was introduced to reflect the notion of "just deserts", It also provided for some protections for the accused, in particular, a provision stating that past offenses should not be taken into consideration when sentencing a felon, except in certain circumstances. However, some feel that in practice, proportionality gives rise to many problems and within six months of being in force, the CJA 1991 was already being undermined. (Hudson, 1994). There are also those who perceive the XJA 1991 as a case of government valuing efficiency over democracy (Lacey, 1994). Said Windlesham (date): "Of all the lessons to be drawn the first is the way in which so many of the provisions which found their way into law derived from the perceived demands of local, sectional or national public opinion rather than from practical experience or

Tuesday, October 29, 2019

Mapleland Fiber Network (MFN) Essay Example for Free

Mapleland Fiber Network (MFN) Essay The city of Mapleland, Oregon, which owns and operates its own power utility, built a fiber-optic network to monitor power meters at residents’ homes. The network is called Mapleland Fiber Network (MFN). Because MFN had more capacity than was needed to monitor meters, the city expanded its services to offer access to the network for citybusinesses. The businesses use the network to communicate with each other and to access the Internet. At the MFN headend, which is located with the city government offices, three routers and WAN links connect to the Internet for use by the city. The businesses on MFN also use these routers to reach the Internet. In addition to the business service, MFN also offers cable modem service to homes. A cable modem router at the MFN headend connects to the fiber-optic network. In the city neighborhoods, hybrid fiber-coax nodes bring coax cabling to each street and into the homes for cable modem Internet access. The MFN backbone consists of a fiber-optic Gigabit Ethernet network that runs through the city in a ring topology. The fiber-optic ring connects the hybrid fiber-coax nodes that bring coax cabling to each neighborhood. Also connected to the ring are six data routers. Each router links one or more Mapleland businesses to MFN via simple point-to-point connections. At the business, the fiber-optic network enters the building and connects to a media converter. A UTP cable connects to the media converter and typically to a 100-Mbps Ethernet switch. The switch links the business’s computers and servers in a star opology via UTP cabling. 1. Draw a network map that shows the topology of the MFN and how the main components are connected. 2. What other information would you gather to improve your map and add more detail? 3. Mapleland is considering expanding the MFN to include wireless access for its residences. What additional investigation will you do to prepare for a citywide wireless network? 4. What security concerns do you have for the wireless network?

Sunday, October 27, 2019

All Men By Nature Desire Knowledge

All Men By Nature Desire Knowledge All men by nature desire knowledge quoted from Aristotles work Metaphysics. Aristotle raises the idea of humans need for knowledge. Since the dawn of human life, we have been trying to acquire knowledge in all different areas of life , and in order for us to believe that piece of knowledge, we request supporting evidence that is based on various ways of knowing. To what extent we require evidence to support our beliefs varies with different areas of knowledge. Some areas of knowledge require a certain degree of evidence. However, in other areas evidence is not required to support belief; Mathematics, the natural sciences and the human sciences are knowledge fields that require a degree of logical evidence due to their highly logic-based nature. On the other hand, belief in the arts, ethics and religion is not dependent on evidence. Mathematicians search for patterns then formulate conjectures, furthermore through deductive reasoning using the rules of inference and axioms they provide proof to these conjectures. Conjectures that have already been proven are often called theorems. Proof in mathematics is obtained through deductive and inductive reasoning rather than empirical arguments and the proof must demonstrate that the conjecture is true in all cases, without any exceptions. Mathematicians employ deductive logic through combining the axioms, definitions, and earlier theorems in order to provide proof for their conjectures. Considering two even integers A and B. Since they are even, they can be expressed as A = 2x and B = 2y respectively for integers x and y. Thus the sum A + B = 2x + 2y = 2 ( x + y ), from this it is clear that x + y has 2 as a factor consequently x + y are even. As a result, the sum of any two even integers is even. Establishing the truth of this conjecture was done through employing logi c through combining the definition of even integers ( A = 2x ) and the distribution law ( 2x + 2y = 2 ( x + y )). Briefly, in order for a statement to be believed in the area of mathematics it requires a high degree of logical evidence based on deductive and inductive reasoning combined with mathematical axioms, definitions and prior theorems to support mathematicians belief in that statement. Other areas of knowledge such as the natural sciences require a relatively average degree of evidence. The natural sciences branch into three main fields; Biology, chemistry, and physics. These sciences aim to study the natural rules and laws in which the universe obeys. At first scientists seek patterns in the world around them through empirical observation and then formulate generalizations concerning these observations, and through the use of logic discover the reason of such patterns. Evidence of a correct theory is induced by logical reasoning through the observation of the universe. Considering Newtons discovery of gravity, at first Newton observed an apple falling off an apple tree, and Newton as a scientist already knew that in order for an object to move it requires force in the same direction. Through the use of logic, Newton concluded that there is a force beneath him that pulled the apple in its direction. Briefly, in order for a theory to be believed in the natural scie nces it requires a degree of logical evidence based on observations of nature. The human sciences is an area of knowledge that requires a relatively low degree of evidence to support belief in that area. Human sciences investigate human activities in order to assemble theories predicting human behavior. Proof of such theorems is acquired through the observation of sensory experiences and by means of objective observation of psychological experience. One of the most significant and known theorems in this field of study is Freuds psychoanalytic theory, in which Freud assembled a theory to analyze human behaviors. The general concept of the theory is that unconscious motivations, sex and violence in specific, of human beings influence the development of their personality. Freud supported his theory with evidence he acquired through employing logic in the observation of the humans development process and the humans behavior at each stage of development. The extent of evidence that Freud used to support his theory was relatively low and subjective in comparison with other areas, he supported his work using empirical observation, nevertheless many people today believe in his theory and it is well-known worldwide. Briefly, in order for a theory to be believed in the human sciences a degree of evidence must be present, however, the degree of evidence is small and subjective in relativity to other areas. On the other hand some areas of knowledge require no evidence to support a belief in a knowledgeable statement. To begin with, it must be understood that the arts discipline encompasses literary, visual and performing arts. The definition of a good piece of art is creative and original nevertheless the genuineness of a piece of art lies in the perspective of the viewer. Obtaining a persons belief in genuineness of a piece of art whether visual, literary, or performing is not dependent on providing evidence that the piece is genuine, but lies in the viewers sensory perspective of that piece and his prior background in arts. As a result, this lack of evidence lead people to use each others sensory perspective and experiences as evidence. For example, an amateur artist would take the word of an experienced artist in believing in the originality of a piece of art. Another area of knowledge requiring no evidence to support belief is ethics. Ethics is an area of knowledge that addresses issues concerning concepts of right and wrong, generally concepts of morality. Ethical systems and theories are postulated in order to encourage people to turn their attention from the world around them to themselves, consequently encouraging people to realize their full potential and achieve full self-awareness. Ethical theories do not need evidence to support the peoples belief in their concepts, simply because humans are born in pursuit of knowledge in order to realize their full potential, thus no evidence is needed. Considering Aristotles postulated ethical system self-realizationism in which Aristotle suggests that when a person acts in accordance with his nature and his full potential , that person will be good and content; Aristotle needed no evidence to support his theory due to our continuous pursuit of self-actualization. Briefly, the need for evidence to support others belief in ethical theories is not needed due to our constant search for knowledge which we seek in order to reach our full potential, and achieve the highest state of self-awareness. The final and most significant area in which evidence is not required to support our belief is religion. Religions from Christianity to Hinduism suggest a set of beliefs concerning the purpose of our life in this universe, suggesting the supernatural divine God which represents our creator and the reason behind our existence. The most significant belief that religions set is the belief in the presence of God, the presence of a superior being or soul is impossible to prove thus the creative idea of faith takes control; faith is the idea of believing without the need for evidence. The creation of such an idea is brilliant due to the fact that faith suppresses our need to perceive and scientifically understand the concept of the superior God. It could be argued that religion often opposes itself in some ideas. For example the idea of God is almighty, God can do everything is controversial. This statement implies a generalization that due to its enormous size causes contradiction. This c an be clarified by asking the question Can God create a rock that he himself cannot destroy, if the answer is yes then God is not capable of destroying the rock, consequently not capable of doing everything. On the other hand, if the answer is no then God is unable to create everything. This paradox created, due to the extent of generalization, in that statement shows that no evidence is needed to believe in the idea of God. In the Theaetetus, one of Platos dialogues concerning the nature of knowledge, Plato argues that knowledge always involves belief. After studying the extent of evidence required to support belief in all areas of knowledge, it is clear that belief is present in all areas of knowledge although minimal in scientific areas. An inverse relationship between the need for evidence and the need for belief in an area of knowledge is noticed; as the belief is minimal in areas like math, the evidence required to support it is maximum and vice versa in other areas like religion. As humans, our curious nature demands evidence in order to acquire our belief. To sum up, the extent of evidence required to support a persons beliefs in different areas of knowledge is not only dependent on each area, it is also dependent on the person himself and his/her prior knowledge.

Friday, October 25, 2019

Animal Cruelty and Youth Violence Essay -- Animals Kids Pet Pets Child

There are over seventy million cats and fifty-five million dogs in the United States, yet the number of reported cases of neglect, or abuse is severely lacking (Davidson 1). Animal abuse is an ongoing dilemma in this country; recent studies have indicated child animal cruelty offenders often go on to pursue disturbing acts of criminal behavior. This nation simply does not have standardized legislation across the nation as a preventative method of dealing with this predicament. Many states treat animal abuse too leniently, and this is bad because youthful offenders often times will go on to perform criminal acts later in life, therefore anti-youth violence organizations and animal abuse prevention organizations need to join forces in order to enhance existing laws and to better educate America’s youth. It was not until recently people were first beginning to discover that animals do indeed have rights. Brief History: It was not until 1966 that the nation finally realized these kind creatures could in fact feel pain and neglect, when the Animal Welfare Act was finally passed. According to Congress’s Public Law 89-544 Act of August 24, 1966, the use of animals in lab tests, the transportation, sale, and handling of dogs, cats and certain other animals is now regulated by the Secretary of Agriculture (1). Sample State Animal Cruelty Laws: Nevada: Recently it has become mandatory for Nevada juvenile court systems to obtain some form of psychological treatment for animal cruelty offenders (â€Å"States Look at Stricter Laws† 1). This is great news for the state of Nevada; unfortunately this mandatory regulation does not exist in all states. Idaho and Illinois: According to Howard Davidson, director of the ABA center ... ...t Stricter Animal Cruelty Laws." State Legislatures 27.4 (2001): 8pp. 1 Mar. 2006 . "Pawprint Navigation Bar Image." Retrieved from Google.com on April 1, 2006. . "State Animal Anti-Cruelty Law Provisions." The Humane Society of the United States. 2005. 28 Feb. 2006. . "The Link between Animal Cruelty and Child Maltreatment." APA Center on Children and the Law (June 1998). 25 Feb. 2006 . United States Congress. 89th Congress, H.R. 13881 An Act. Public Law 89-544 11 of August 24, 1996. June 1998. 20 Feb. 2006 . "University at Albany Image." Retrieved from Google.com on April 25, 2006. .

Thursday, October 24, 2019

The Great Gatsby – Reactions to Myrtle Wilson’s Death

Reactions to Myrtle Wilson's Death in The Great Gatsby In the novel The Great Gatsby by F. Scott Fitzgerald Jay Gatsby is a passenger in the car which strikes Myrtle Wilson, which is driven by Daisy Buchanan. After the car hits Myrtle, Daisy continues to drive, but collapses on Gatsby, forcing him to drive. At the Buchanan's house, Nick Carraway talks to Gatsby, who â€Å"[speaks] as if Daisy's reaction [is] the only thing that [matters]† (136). Due to his incessant love for daisy, he only focuses towards Daisy's emotions and even takes the blame for her.Regardless Myrtle's death, Gatsby's dream of having Daisy to himself makes him center his attention to her feelings after the accident. In the novel The Great Gatsby by F. Scott Fitzgerald Nick Carraway arrives at George Wilson's garage with Jordan Baker and Tom Buchanan after Myrtle Wilson dies. After leaving the crime scene, Nick arrives at the Buchanan house and is approached by Jordan. She tries to comfort Nick, however, h e declines her invitation to the house and starts to feel â€Å"a little sick and [wants] to be alone†¦ He [has] had enough of all of them for one day† (135/136).He becomes tired of being tied into all the drama and secrets of New York and tries to isolate himself from the others in order to find a peace of mind. As a result of all the sudden occurrences in East Egg and West Egg, he concludes that leaving the situation will lead to his own contentment. In the novel The Great Gatsby by F. Scott Fitzgerald Daisy Buchanan is the driver of the vehicle which strikes Myrtle Wilson. Daisy continues to drive after hitting her, however she collapses on Jay Gatsby as he pulls on the emergency brake, forcing him to take over the vehicle.After they arrive at the Buchanan house, Daisy â€Å"[locks] herself into her room,† (137) while in a state of shock. She cannot believe that she hit another person on the road and isolates herself for a moment, in order to sort out her emoti ons. As a result of losing her nerve on the road, she hides from the others and places herself in disbelief. In the novel The Great Gatsby by F. Scott Fitzgerald Tom Buchanan arrives at George Wilson's garage with Jordan Baker and Nick Carraway after Myrtle Wilson dies. After Tom comforts George, he comes to a conclusion Gatsby hit Myrtle and denounces him as a coward on his way back to his house.As Tom is speaking, Nick realizes â€Å"a change [has] come over [Tom], [as] he [speaks] gravely, and with decision† (135). Gatsby's intrusion in his personal life creates a spark within Tom, in which he begins to care more for his wife. With the belief of Gatsby killing his mistress, Tom changes his attitude, in order to prove his love for his wife and to make sure that Gatsby cannot achieve his goal of taking Daisy away from him. In the novel The Great Gatsby by F. Scott Fitzgerald Jordan Baker arrives at George Wilson's garage with Tom Buchanan and Nick Carraway after Myrtle Wilso n dies.She leaves with the rest of her group, and tries to comfort Nick at the Buchanan house. After being rejected by him, â€Å"she [turns] abruptly away and [runs] up the porch steps into the house† (136). As a result of being dishonest, cynical, and self-centered, she is unwilling to change her attitude in order to persist on consoling Nick. She stays true to her deceitful nature as she is reluctant to suit his needs. In the novel The Great Gatsby by F. Scott Fitzgerald George Wilson is the husband of Myrtle Wilson, who dies after being hit by a car.Before the accident, he suspects his wife is having an affair with another man. After her death, he becomes speechless and â€Å"[stands] on the raised threshold of his office, swaying back and forth and holding to the doorposts with both hands† (132). The sudden death of his wife places him in a state of shock, where he is having trouble sorting out his emotions and thoughts. Despite Tom's efforts at comforting him, Ge orge remains distraught at the fact that he could not stop his wife from running out and instantly dying on the road.

Tuesday, October 22, 2019

Sources of Finance Essays

Sources of Finance Essays Sources of Finance Essay Sources of Finance Essay Source of finance Match the source with advantages and disadvantages State if advantage/disadvnatage ordinary share capital: money given to a company by shareholders in return for a share certificate, which gives them part ownership of the company and entitles them to a share of the profits 21 . lncreasing ordinary share capital can make it easier to borrow more funds from a bank as the share capital can purchase assets that can be used as collateral. advantage 22. Bringing new shareholders into a small business often means that further expertise is brought into the business. vantage 3. 0rdinary share capital is permanent † the business does not need to pay it back advantage 17. As the business grows, the percentage shareholding of the original owner(s) will probably decline. This can ultimately lead to a smaller share of the profit and even a loss of control of the business. disadvantage 28. They are generally cheaper than other sources 20. 1n profitable years, ordinary shareh olders will expect high dividends. disadvantage 12. The original aims of the business may be lost due to having too many shareholders disadvantage . t is not necessary to pay shareholders a dividend if the business cannot afford it venture capital: finance that is provided to small or medium-sized firms that seek growth, but which may be considered risky by typical share buyers or other lenders. . 2. It is possible that venture capitalists will exert too much influence, so the original owner may lose his/her independence. disadvantage 10. Venture capitalists will sometimes allow interest or dividends to be delayed 19. 1n return for the high risks, venture capitalists will often want high interest . Venture capitalists will often want a significant share of the business. 1 . lt is useful for high-risk firms that are unable to get finance. advantage 14. Venture capitalists will often provide advice too personal sources of finance: money that is provided by the owner or owners of the business from their own savings or personal wealth 1 5. There may be insufficient funds available 9. They may be the only option possible. 23. Security is not usually required. 6. They can cause family tensions They allow the owner to keep control. . They may cause stress for the entrepreneur bank loan: a sum of money provided to a firm or an individual by a bank for a specific, agreed purpose. 16. The size of the loan and the period of repayment can be arranged to match the exact needs of the firm. advantage 4. 1nterest rates are normally lower because of the security provided. advantage 1 1 . There is less flexibility in a bank loan, so the business will tend to pay interest for the agreed period, e ven if it gets into a position where it can pay off the loan early. 27. is more expensive than alternatives such as personal finance. 26. The interest rate and thus the repayments are fixed in advance, making it easy to budget the schedule for repayments. advantage 25. The size of the loan may be limited by the amount of collateral that can be provided rather than by the amount of money needed by the business. disadvantage bank overdraft: when a bank allows an individual or organisation to overspend on a current account held with the bank up to an agreed (overdraft) limit and for a stated time period 18. The decrease in demand for goods and services as resulted in the closure of many small businesses in the UK. During the first 5 months of 2009, there was a 52% rise in the number of small businesses filing for commercial bankruptcy. According to the Automated Access to Court Electronic Records (ACER), there were 36,103 filings compared to 23,829 this time last year'(AsaGhaffar,2010). As I stated earlier the economy has begun to show signs of a recovery but Banks remain sceptical of the future of small firms. In order to maintain the current state of growth, further business activity is needed this will require banks to loan more money to firms. However, this has not been the case. A recent article states In a survey of 1,045 directors, the Institution of Directors found that 60% of businesses are being turned down for credit by the banks despite repeated claims made by UK lenders that they are fulfilling demand for loans (Lucy McCann, 2010). In addition, an increasing amount of firms have been refused overdrafts. This may be a result of the increase in loan guarantees and securities required by the Banks and the reason why banks are sceptical about the future of small businesses. Working Capital can be defined as the day to day finances needed to run a business- generally seen as the difference between the values of a firms current assets and its current liabilities.(I.Marcousà ¯Ã‚ ¿Ã‚ ½, 2008). Efficient working capital management involves ensuring there is sufficient cash available to meet the cash requirement at any one time. In a business operation working capital is highly important. Irrespective of the firms size insufficient working capital is the commonest cause of business failure (I.Marcousà ¯Ã‚ ¿Ã‚ ½, 2008). In preparation for a fall in demand effective working capital becomes even more important for small firms. During a period of falling demand consumer will save more and buy less goods and services this will result in a decrease in sales revenue for many small businesses such local restaurants, pubs and small shop owner. In time small firms will begin to experience a shortage of cash or working capital due to falling revenue and may not be abl e to purchase as much stock or pay bills on time. In such a situation like falling demand and revenue small firms will have to make drastic changes to their working capital and reconsider their source of finance. During an economic downturn many small firms are likely to experience rapidly decreasing revenue and problems with their working capital. In addition, the more conventional source of finance such as a bank loan or an extension on the firms banks overdraft may become difficult to attain as banks will be aware of the dilemma facing firms and may require more guarantee for their money. Therefore small firms will have to consider alternative sources of finance. Trade credit is a possible alternative source of finance for a small firm. Defined as when suppliers agree to accept cash payment at a given date in the future (I.Marcousà ¯Ã‚ ¿Ã‚ ½, 2008).This is possibly the cheapest finance option available as it cost the business nothing to arrange such an agreement. Trade credit will allow the firm spend their already declining capital on other aspects of the business operation in order to accommodate for the falling demand. For example a local restaurant will be able to pay their electrical and water bill allowing them to continue operation. However, during a period of falling demand the future of a small firm may not be certain an as a result there is a risk the firm will not be able to pay suppliers when the time comes and this could damage the relationship between the firm and supplier and mitigate chances of attaining trade credit in the future. In addition, the chances of obtaining trade credit will be low considering the possibility that falling demand will also affect competitors and as a result they may also try to attain trade credit thereby creating heavy competition. A small firm may consider debt factoring as an alternative source of finance. Debt factoring is when A business sells its outstanding customer accounts (those who have not paid their debts to the business) to a debt factoring company (tutor2u). The possible advantages are; the firm will be able to raise cash quickly and will no longer have to continue chasing there debtors this will save them t ime and resources. However, firms will have to sell their debt at a loss. This will negatively affect the profit of a firm. Furthermore, in a period of falling demand debtors are likely to default and this will make it difficult for firms to sell their debts. Stocks are the organisations assets in the form raw material, work in progress and finished goods, in order to make best use of warehousing facilities and stockholding costs (J. Sutherland and Diane .Canwell, 1995). There are 3 different types of stock. Raw materials and components are stocks purchased by the business from outside suppliers. Work in progress, these are stocks which are incomplete as they are still in the production progress, for example a car chassis on a convey belt in a factory. Finally, finished goods are stocks which are held by the firm for a period of time until they are sold. This may be due to numerous reasons such as; the products are seasonal or the firm only sell products in batches ( I.Marcousà ¯Ã‚ ¿Ã‚ ½, 2008). In an economic downturn a small firm will likely experience falling demand and at this point consider the possible advantages and disadvantages of reducing stock. If a small firm is to reduce their stock they will require less storage space and a s a result save money allowing them to spend it on other aspects of the operation. Furthermore, a smaller stock increases the liquidity of the firm. Less stock increases the chances of the firm selling all their products thus making them more liquid, thus enabling the firm to gain short term cash quickly which is highly important in an economic downturn as demand falls and revenue drops. In addition, the cost security will be less. The less space consumed will require less security personal to monitor. Conversely, by reducing stock a small firms risk losing their competitive advantage. If the economy was to suddenly recover and demand begins to rise for goods and services the firms may not be able to meet the sudden demand. In such a circumstance a firm may lose future customers to competitors who will be able to meet demand. In the long term this will have a negative impact on sales and could eventually lead to bankruptcy. Reducing stock may be beneficial in a period of economic downturn but the ability for a firm to reduce the stock may depend on the type of business. For example, in comparing a local store to a small building firm the difference in reducing stock can be seen. In order to reduce stock a local store could simply offer discounts to customers which will increase the demand for the goods and thereby allow the shop to get rid stock quicker. In addition, most of the stock are finished goods and as a result are ready to sell as soon as they arrived. On the other hand a, building firm hold stock such as sand and cement and tools which are mostly raw materials and work in progress and vital to their operation and as a result cannot be sold to the customers in a period of falling demand. It can be argued; depending on your business reducing stock will be beneficial for a small firm as it reduces cost in terms of storage space and security, also allows the firm to accommodate for the falling demand resulting from the economic downturn. However, from my perspective debt factoring will be the best course of action for a small business during a time of falling demand. In an economic downturn there is likely to be high unemployment and as a result falling demand thus reducing the circulation flow of income. Consumers will have less cash available and this means there is a greater chance of individuals not paying their debts on time or even defaulting. For this reason, assuming the firm has debtors, firms which require a short term form of finance will want to consider debt factoring. Seeing as it is likely debtors will not pay on time or at all it will be greatly beneficial for the firm to sell off their debts. Although a firm are selling at a loss and may face difficulty selling the debts in an economic downturn as debt factoring company will also be aware of problems facing debtors, if possible it will provide the small firm the capital they need to finance their operation, thereby giving the firm a better chance of surviving the economic downturn. In addition, survival should be the likely objective for any small firm in such a period.